The Company is engaged in the ocean transportation of dry bulk cargoes worldwide through the ownership and operation of bulk carrier vessels.
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Fool UK
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Closed and re-opened to more accurately reflect my actual starting price.
Still have not filled my desired position for a longer term hold, so will watch to add on big dips.
Will post more on them later, but a quick look at their balance sheet should convince you they are here for the long run.
A good buy-in price on this dip, if you do not yet own.
At some point, they will likely reinstate their dividend, which they have been using to build up their cash position and make vessel purchases to build up their fleet.
JMO and worth exactly what I am charging for it.